Selected Financial Data for Lowes Is Provided Below What Is the Times Interest Earned Ratio for Lowes?
A)6

question 72

Multiple Choice

Selected financial data for Lowes is provided below:
$$\begin{array} { l r } \text { (\$ in millions) } & { \text { Lowes } } \\\text { Sales } & \$ 47,220 \\\text { Interest expense } & 287 \\\text { Tax expense } & 1,042 \\\text { Net income } & \$ 1,783\end{array}$$
What is the times interest earned ratio for Lowes?

• A)6.2 times.
• B)10.8 times.
• C)0.2 times.
• D)164.5 times.

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